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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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13.11.2018, 16.11.2018
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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The disclosure communicated to us to be disclosed to public by our shareholder Mayhoola for Investments LLC is as follows: "The sale and settlement of the transaction stipulated under the share sale and purchase agreement dated November 13, 2018, executed between Istanbul Portfoy Yonetimi A.S. acting on behalf of Istanbul Portfoy Ark II Serbest Fon as the seller and Mayhoola for Investments LLC ("Mayhoola"), have been completed on November 15, 2018. As a result, Mayhoola's shareholding in Boyner Perakende ve Tekstil Yatirimlari A.S. has increased from 42.68% to 53.95% and it has become necessary for Mayhoola to make mandatory tender offer pursuant to Article 26 of Capital Markets Law and the provisions of Tender Offer Communiqué (II-26.1). The necessary application has been made today (November 23, 2018) to the Capital Markets Board of Turkey by Mayhoola via İs Yatirim Menkul Degerler A.S. in order to make a mandatory tender offer in accordance with the obligation in question to make a mandatory tender offer and request the approval of the tender offer information memorandum prepared for this purpose. Mayhoola will continue to inform our investors about the process of mandatory tender offer and the developments regarding other relevant matters."
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.